Franck Riboud

Franck Riboud

Congratulations: the topics you have chosen to work on are the right subjects. These are the stakes that are going to change the world tomorrow. But, while discussing, be sure of the reasons why you are talking about these topics: the WHY is what really matters. Is it to make more money? Wrong answer. Is it to be more efficient? Wrong answer. Is it to really build the futur of the world? Yes, that is the right answer.


Danone
Chairman of the Board of Directors of Danone
Danone
France

Dr. Jacques Bughin

Dr. Jacques Bughin

Many summits are show horse, not workhorses. Many summits have too many people gathering to listen to big figures, but in an impersonal building. Many summits are just an excuse for a good escape and business card exchange, but not about days of learning about themes/new people. A great summit - is the one where you learn new things, you meet new peers, and you get inspired- all that with a zest of close community, and of marvelous natural surroundings and arts. The G-20Y Summit is just that, especially for the set of young leaders ready to take a step up in their career, and build new leadership.

It has been a pleasure and honor to attend the G-20Y Summit and support the G-20Y Association.


McKinsey, McKinsey Global Institute
Senior partner, Director
McKinsey, McKinsey Global Institute
Belgium

Rachel Barger

Rachel Barger

I'm most certainly going to take back my experience at the G-20Y Summits to my customers and to my company. The more people we can have come into environment like this, the more diverse ideas we can have on how we leverage the power and the opportunities that exist with digital transformation.


SAP
COO SAP Asia Pacific Japan
SAP
Singapore

Daniele Agostini

Daniele Agostini

I have been moderating and facilitating a large number of sessions across the world and it is the first time that I find such type of diversity of very focused and motivated people - it is really a great thing about the G-20Y Summit!


ENEL
Head of Low Carbon and European Energy Policies
ENEL
Italy

Gregor Pilgram

Gregor Pilgram

The G-20Y Summit is a unique platform for insurers, where many insurance sector representatives from all over the world could meet.


Generali
Chief Financial Officer - Austria, CEE & Russia Region
Generali
Czech Republic

Barbara Kreissler

Barbara Kreissler

I feel very honored that G-20Y Organizing Committee has asked me to be part of this. I’m really excited just reading the program, the agenda and the list of participants on the kind of interaction and discussions that we are going to have on global issues that affect us all. 


Signify
Director, B2G Professional Lighting, Global Public & Government Affairs
Signify
Netherlands

Olga Ryabova

Olga Ryabova

I loved the whole idea of top executives coming from different industries and delivering their professional experience to make the best of recommendations for G20 countries heads and for international organizations. You know there was such mood of cooperation, of future understanding I would say. That was really great. 


Former Deputy Chairwoman of the Board of Rosbank
Independent expert
Former Deputy Chairwoman of the Board of Rosbank
Russian Federation

Onur Taysu

Onur Taysu

G-20Y Summit brings a magnificent group of people together who have adopted a global philosophy and perspective.

The G-20Y Association has utilized an effective selection process and following this selection came an in-depth work, consultation, evaluation and idea-sharing platform. In my opinion, G-20Y Summit is an efficient international think tank and networking platform that will mark the future.

The way the Summit was organized enabled me to learn and at the same time, thanks to the positive synergy existent, led me to contribute as well.

I would like to congratulate everyone who contributed and who attended the summit. I wholeheartedly will continue to support the G-20Y Summits and the G-20Y Association.


UCOM Global GmbH
Deputy Chairman of the Board / CEO
UCOM Global GmbH
Germany

Holger Erchinger

Holger Erchinger

I believe the vision of the G-20Y Summit is to make a real and independent contribution regarding what the young generation of business leaders think around the issues the G20 has on its agenda. The G-20Y Summit brings together devoted participants from around the globe with diverse professional backgrounds onto a platform of creative thinking in order to develop some fresh ideas regarding potential solutions.


KPMG LLP New York
Audit Partner
KPMG LLP New York
United States

Jorge Lukowski

Jorge Lukowski

I think the most important thing is to have different cultures, different people, different companies with different interests and all of them in different committees; that they are working together, merging ideas and arrive at consensus. And I think the young perspective which is a different thing – we don't need to make recommendations under any precision of politics or different kind of pressure you have if you are only a company or if you are only representative of government. So I think we can have an opportunity to be fresh, innovating, and creative in order to present a proposal that more recommendations could be actions. I think that the young people would like to take action more than make recommendations.

 


President & Founder
Simple Communications
President & Founder
Argentina

Ekaterina Petelina

Ekaterina Petelina

The whole idea of G-20Y Summit is that young people bring their ideas that might be controversial, that might be a little provocative, but are fresh. And they share it with the business community. I think and I hope that what we accomplished during these three days will actually be meaningful and will impact the decisions and discussion of G20 leaders.

I just have a habit – wherever someone asks “who?”, I just put my hand up.  And this is not the best habit I have but when they asked the volunteer to be Co-Chair – I just thought that I have relevant experience as a former consultant, as a former Head of Strategy of VTB group and a business leader now. I think I have the relevant experience to talk about financial stability and financial regulation, which was the topic of our committee. And I think it’s a very important topic and it’s really one of the top items on G-20Y Summits agenda. Because without financial stability as we’ve seen before it’s really impossible to deliver growth, to deliver prosperity. I really enjoyed working with our committee members, we had ten people from different countries, different economies: Europe, UK, Russia, Malaysia, and Japan. It was interesting to see what similarities we have, what differences we have and different and similar ideas that we share. I think it really enriched my understanding of the industry at the global level and I believe we were able to deliver some meaningful and practical recommendations.

The most interesting moment for me of the Summit was the dancing master-class, because I’d never thought that you can learn how to dance tango in 30 minutes. I think our teachers did a very good job: very simple moves that everybody could repeat and learn within 30 minutes. It was a very good G-20Y and a very fast delivery of results.

 


VISA
General Director
VISA
Russian Federation

Philipp von Girsewald

Philipp von Girsewald

I think it's great to have young business leaders, participating in the G-20Y Summit, who come together from a broad variety of expertise and cultural background, and who come together to discuss certain topics of particularly interest at these times and who try to find the solutions. I think it is not important to have technical expertise in each of the subjects, discussed at the G-20Y Summit. I think it's great to bring in your general expertise, your cultural background and a lot of common sense to come to some proposals which otherwise couldn’t be brought up.


Deposit Solutions
CEO US
Deposit Solutions
United States

Rolf T. Pasel

Rolf T. Pasel

You have many business meetings during the year, you have many seminars where you learn something, but these are always in your industry with the same people talking about the same topics. So bringing together business leaders from different industries, geographies, different levels across the G20 – this is interesting. I mean you don't often have the opportunity to talk freely, open-mindly about these kind of topics and discuss the challenges and thoughts of G20 of today.

The Co-Chairing was an interesting experience, because in the end of the session you had a different perspective, different people to integrate. I thought about it before doing the Co-Chairing: one of the important things is not to lose somebody during the process.

 


Atos International
Senior Vice President Global Solutions
Atos International
France

Frank Klaas

Frank Klaas

Arriving here I saw very fascinating group of people, acting together, discussing together and for me the first step towards understanding G-20Y was to see that this is like a market place where international global people can, without borders in thinking, be together and this is for me the most important aspect.

G-20Y for me stands for creating a global world of communication. We don`t have problems understanding each other and we are probably not creating results, but we are creating the right solutions to create results in the future.

My job was always communication; I’m probably an expert in crisis communications. I think G-20Y is a fascinating opportunity, where people can start to communicate and start to discuss with each other, have the opportunity to meet people from Europe, from Brazil, Australia or Russia, and Italy, and Spain and to share experiences. That is the fascinating world of G-20Y.

I’m a part of a huge financial organization. The whole financial world is today seen a lot in the media. We have here the opportunity to show that we are interested to have a dialog with a lot of people who want to change the world, to develop a new way of acting together. I think it’s very important not only for me but especially also for the industry to have this opportunity to be in an international dialog. I think it’s a great opportunity!


Deutsche Börse Group
Managing Director Global Public Affairs
Deutsche Börse Group
Germany

Ananthakrishnan C. Bhoopathy

Ananthakrishnan C. Bhoopathy

It's a really good opportunity for people from India because this is the second time we had a delegation to G-20Y Summit. I'm only one person but I hope that probably the message from us will be that more and more Indian participants should be here, because it gives real good chance to interact with people from many countries and to get to know all sorts of issues, global issues which are current and which need to be addressed in future.

The evening events were really enjoyable – especially the day before we had concert over here – it was really enjoyable.

 


Hindustan Aeronautics Ltd.
Additional General Manager (Finance)
Hindustan Aeronautics Ltd.
India

Manuel Ortigao

Manuel Ortigao

Having read the information that was sent to me I immediately concluded that it’s a very interesting organization with very ambitious objectives and for me to be part of the G-20Y Summit would be a challenge and I immediately accepted the invitation and I`m very happy to be here.

I expect that we will be able to put together a few recommendations to the G20 governments and that these recommendations will contribute to improving the working conditions and living conditions of citizens across the world. 


European Foundation for the Improvement of Living and Working Conditions
Reseach Manager, Working Conditions and Industrial Relations (WCIR)
European Foundation for the Improvement of Living and Working Conditions
Ireland

Anton Kotov

Anton Kotov

I think we all, participants of G-20Y Summit, care about our planet and we are not indifferent to what is happening in the world.

The organization is fabulous. I can only say the words of compliments and I have been very impressed with both: the quality of participants and the way the event is organized.

I would be very delighted to continue and I definitely recommend this event to my colleagues in Schneider.


Schneider Electric
Corporate Strategy & Development Director
Schneider Electric
France

Valerie Diele-Braun

Valerie Diele-Braun

Having been nominated by DSM, I felt very honored to be able to attend this event as it had always been a dream for me to participate in such a venue. The G-20Y is for me the small version of the WEF and a learning ground for young executives to exchange thoughts and ideas, make connections and work on the future with other smart people. Having more and more burning issues in the world, such as the economic crisis, the change of demographics and the environmental shifts to name just a few, I think it’s fantastic to exchange views with a wide variety of people and to come up with suggestions that might help to shape our future positively.


Royal DSM
Head Sales & Product Management Personal Care
Royal DSM
Netherlands

Ann Haugh

Ann Haugh

Thank you so much for a challenging, entertaining and worthwhile G-20Y Summit event. I thoroughly enjoyed the people, the atmosphere and the challenging opportunity presented to us.


Zurich Global Corporate
Chief Executive Officer
Zurich Global Corporate
United Kingdom

Paolo Sarcinelli

Paolo Sarcinelli

It's pleasure for me to be invited for the G-20Y Summit. It's been interesting two and a half days of work. There was a lot of discussion. I think at the end we have been in a position to have a positive dialogue between different members of the Committee. And we have been able to find and put together a nice compromise on a number of controversial matters.


Intesa Sanpaolo
Head of Credit of Intesa Sanpaolo SpA's International Subsidiary Banks Division
Intesa Sanpaolo
Italy

Alistar Rose

Alistar Rose

We are fortunate that we had participants across a multiple different countries across the world, from different types of organisations, from different sectors. We had a very interesting lively debated times. I think it was of a very high quality. I realized the depth of the conversation to be going on in the each of different committees. I think the whole concept behind the G-20Y is great.


Tesco Plc
International Director for Telecoms
Tesco Plc
United Kingdom

Kartini Sally

Kartini Sally

The working process was wonderful. Because we can see a lot of people from other countries: Brazil, from Malaysia, even from UK –a UK person works in China, he shared his experience in China and also from US. We share all information and all the practices of how to fight corruption in our country. We are very surprised that there is actually only one conference – United Nation Conference about fighting corruption and also UOECD conference against bribery.  But I think not all the countries have ratified and implemented the conference, maybe  we should give some views, some recommendations that all G20 countries and other countries can implement the United Nation Conference and UOECD conference against bribery. There have been discussions that fighting corruption, money laundering and also bribery and financial terrorism are linked together, so every country should be aware about these issues, this not only a problem of developed countries.

My president  attended G-20Y Summit last year in Mexico, he asked senior level manager in Bank Mandiri, he shared his views of G20 of last years, so this is a good opportunity. We are going to send our senior manager to G-20Y Summit.

I think it's a very good opportunity for me to attend G-20Y Summit. This is first time I have attended an international Summit with different views and different subjects. I usually attend workshops or meetings about banking, just only banking but there are more issues we can discuss together. 


Bank Mandiri
Executive Vice President
Bank Mandiri
Indonesia

Caio Ramos

Caio Ramos

For me it was a big honor to come here because I think it's a good forum in which many countries in the world including the emerging countries can discuss and debate all the problems that they have and try to come up with some suggestions for the future. 


Suape Port and Industrial Complex
Vice President
Suape Port and Industrial Complex
Brazil

Mathieu Staniulis

Mathieu Staniulis

I think G-20Y is such an important event in the world because as the young leaders we have to tell the world what we think and what we should accomplish in the next few years, because we have a responsibility to make things change and make a better world.

I worked on the “City of tomorrow” Committee – we had a broad issue to talk about, we tried to figure out what the city of tomorrow would be like and one of the things that I’m very happy to see in the result is that we talked about local communities – how we should design the cities of tomorrow with strong local communities where you can actually get involved as a citizen in your community to share services and actually go further with the challenges the city now faces.

The G-20Y events are nice because you actually have a lot of real work during the day it's so much fun to work with a bunch of people from all around the world with different backgrounds – this is very interesting. And then at night you can socialize, talk to those same people by the way with a more personal feel – this makes the entire experience, so much fun.

My favorite event was the opening Gala ceremony. Our company Desjardins, we got an award for our 3-year friendship with the G-20Y. So it was quite nice experience for us to receive that award. 


Desjardins
Senior Director, Internet and Mobile Solutions
Desjardins
Canada

Irina Bakhtina

Irina Bakhtina

There was no question of whether to participate or not actually when the invitation arrived because, for our company, it is incredibly important what exactly is on G20 agenda, not only this year, but in general. Over the last period of time Unilever was Co-Chairing the “Food security” Committee on the B20 initiatives in Rio with a quite valuable contribution, I hope, to the Communiqué which was produced by this committee. For us food security is not just an empty word and we really look to this agenda and how it’s being approach by the government on the G20 level.

What was specifically interesting about the Summit, actually, was the combination of participants which attended. The executive level of the biggest international corporations and some of the real big and significant Russian corporations, as soon as we are in Russia we are speaking about this, representatives of the international non-governmental organizations as well. I believe, this is an incredible group of people, I believe, team of people, who got together in St. Petersburg are really invested their time, not having to open e-mail and stuff which we left behind in office, but really invested our time, being focused on the agenda, which is with us today; and really trying to share the best ideas, many fresh ideas by the way, the most creative ideas I’ve ever heard, on those important areas of real G20 interests.

The program is really sophisticated: dance master-classes, the whole atmosphere of the classical music, combination of it and really amazing atmosphere of the city itself. It's the best season in the city. I believe it's something that going to be quite memorable. 


Unilever Rus Ltd.
Communications Director Russia, Ukraine and Belarus
Unilever Rus Ltd.
Russian Federation

Jose Joao Batista Stival Jr.

Jose Joao Batista Stival Jr.

It`s important to be here: from the political part and also from the private part.

It's a unique experience to meet 20 countries partners and discuss the same themes. It’s shows that we are going to the same direction – we want to have the same result. For sure a discussion of the mid or long term will be useful for me and for Brazil and for all the countries. 

About the organisation I just have to say that everything is perfect!


Cooperfrigu
Export Director and New Business Development
Cooperfrigu
Brazil

Raimund Kirchleitner

Raimund Kirchleitner

In my eyes, the G-20Y Summit is a unique opportunity to interact and communicate to motivated young ambitious c-executives; and to also interact with people from other business sectors.

I think it is super important to have the young generation of c-executives round one table at such aconference to exchange ideas,and to forward these ideas to those who are really on the steering-wheel regarding the future of our planet. I believe by havingworked out our papers we can somehow, let’s say contribute to the future and a better development of the world, whereby in our working group`s case especially regarding the financial world.

I believe it was quite useful, quite interesting, even if we were discussing theoretical topics mainly,but this is the purpose of this one. It was in any case also interconnected withreal life and with taking concrete action in the future. I was also able to extend my network, meet interesting people, which I will follow up with in the future. I found it quite useful, also to experience St. Petersburg, which is truly a nice place for this event. I also enjoyed very much the side events.

My favorite one was the yachting regatta – it was really good fun. We had perfect weather, even if we were lacking wind, so we were not really going that fast, but nevertheless it was good fun. Unfortunately we only got the second place – so we were the first loser. But nevertheless it was not really about competition – it was much more about fun and communication. For me it was alsoa nice opportunity to have my daily swim in the Gulf of Finland. I really enjoyed it very much.

 


St. Moritz Bäder AG
Chief Executive Officer
St. Moritz Bäder AG
Switzerland

Alastair Grier

Alastair Grier

G-20Y benefitted both me personally and also RBS. The different cultures and points of views were interesting and refreshing. What came out most is that the challenges that our customers have in the UK are also the same challenges that customers have in many different countries from India to France. This gave me excellent insight into new solutions for our customers and also into how RBS could better support at a macro level, the UK economy. 


The Royal Bank of Scotland
Chief Operating Officer of Business & Commercial Banking
The Royal Bank of Scotland
United Kingdom

G-20Y Summit 2017 Online

G-20Y Summit 2017 Opening Ceremony

September 28, 2017

1/28
Opening Ceremony, G-20Y Summit 2017, Evian, France
Barbara Kreissler - Opening Ceremony Moderator, G-20Y Association Advisory Board Member, Director, B2G Professional Lighting, Global Public & Government  Affairs, Philips Lighting
G-20Y Summit 2017 Opening Panellists speak on De globalization problematic
Benoit Lebot, Executive Director of IPEEC, The International Partnership for Energy Efficiency Cooperation, France
Fabian Shey - Head of Products & Services for Investment Solutions & Products, Deputy Head of the IS&P, Management Committee, Credit Suisse Group AG, Switzerland
Henrik Naujoks - Senior Partner, Bain & Company, Switzerland
Steve Briscoe - LCH Group Head of Technology and Operations, LSEG, UK
Jacques Bughin - Senior Partner, McKinsey &Company, Director Mckinsey Global Institute, Belgium
Dr. Erik Belfrage - Chairman and Partner, Consilio International AB, Chair of the ICC Commission on Corporate Responsibility and Anti-corruption
Dr. Alain Vidal - G-20Y Association Program Committee Member, Food Security & Nutrition Committee Acting Term Chair, Senior Adviser, External Engagement, CGIAR System Organization, France
Tobias Webb - Managing Director, Head of EMEA Information Services London Stock Exchange Group\'s (\'LSEG\'), UK (left) and Marcus Stein - G-20Y Association Program Committee Member & Global Financial Industry Committee - Banking Subcommittee Term Chair Managing Director, Chief Operating Officer, Corporate Finance Germany, Deutsche Bank AG, Germany (right)
Henrik Haujoks - Senior Partner Bain & Company, Switzerland (left) and Olga Ryabova - G-20Y Association Program Committee member & Creating Jobs Committee Term Chair, Former Deputy Chairwoman,  Rosbank, Russia (right)
Daniele Agostini - G-20Y Association Program Committee Member  & The Energy Markets Committee Term Chair,  Head of Low Carbon and European Energy Policies, Enel Holding, Italy
Jean-Luc Larribau, G-20Y Association Spokesperson, G-20Y Association Advisory Board Member, Partner - Avocat à la Cour, Le 16 – Avocats
G-20Y Association Advisory Board
Daniele Agostini - G-20Y Association Program Committee Member  & The Energy Markets Committee Term Chair  Head of Low Carbon and European Energy Policies, Enel Holding, Italy
Energy Markets Committee
Marcus Stein -  G-20Y Association Program Committee Member & Global Financial Industry Committee - Banking Subcommittee Term Chair Managing Director, Chief Operating Officer, Corporate Finance Germany, Deutsche Bank AG, Germany
Global Financial Industry - Banking Subcommittee
Mario Carini -  G-20Y Insurance Subcomee Vice Annual Chair, Head of Global Corporate & Commercial CEE and Reinsurance, Generali CEE Holding, Czech Republic
Global Financial Industry - Insurance Subcommittee
Olga Ryabova - G-20Y Association Program Committee Member & Creating Jobs Committee Term Сhair, Former Deputy Chairwoman, Rosbank  and Horacio Peña - G-20 Y Association Creating Jobs Committee Vice Annual Chair, Principal, U.S. & Americas Transfer Pricing Network Leader, PwC
Creating Jobs Committee
Rachel Barger - G-20Y Association  Digital Innovation and Transformation Committee Vice Annual Chair, Regional Vice President, Southeast Region, SAP America, USA
Giulia Baldi - G-20Y Association Program Committee Member & The Food Security and Nutrition Committee Vice Term Chair,  Policy and Programme Officer, The World Food Programme, Italy
Joint Session of the Food Security & Nutrition Committee and the Global Demographic Developments Committee

G-20Y Summit 2017 Opening Ceremony Video

It was an early rise for many of our guests who arrived for the Summit late on the 27th September 2017. Each of the participants made their way into the venue at 09:00 ready to listen to some of the great minds in the room, share their opinions, network as well as gain direction for all the work the committee will be doing.

The opening ceremony was conducted and led by Barbara Kreissler who is no stranger to the G-20Y Summit. Barbara Kreissler is an Advisory Board member of the G-20Y Association as well as B2G director and global public and government affairs of Phillips lighting. She welcomed each of the participants and set the tone for the opening conference with her light use of humor and insightful points. Barbara also made note of the many dignitaries that travelled in far and wide to represent their countries. Drawing in particpants from all over the world is still one of the great success points of the Summit each year.

Following Barbara’s introductory presentation the panel took to the stage to present their opening thoughts on deglobalization. The panel consisted of Benoit Lebot, Fabian Shey, Dr. Henrik Naujoks, Steve Briscoe, Dr. Jacques Bughin, Dr. Erik Belfrage as well as Alain Vidal.

Benoit Lebot -Executive Director of the IPEEC was the first panellist to address the audience beginning with a detailed explanation of the impact that global warming has on the world as we know it. “If we don’t assess climate change now we risk losing our world. With this said, it is imperative that we change the way we use energy and land” he continued. For this to be effectively done Benoit detailed 5 main points to drive thinking and attitudes towards global warming forward; namely de-carbonation, de-coupling (profit from volume), de- centralisation, digitalization (particularly when it changes the way that energy is produced and used) as well as democratisation. Finally, according to the Speaker “when it comes to clean energy, the more we share – the more we know and thus it proves beneficial for everybody for it to not be limited to the chosen few.”

Fabian Shey - Head of Products & Services for Investment Solutions & Products,  Credit Suisse Group  AG addressed the group shortly afterwards to discuss the emerging super-trends driving changes within the financial sector, with specific focus on banking. A super-trend coined ‘the angry society’ appeared to raise great interest amongst the participants. Simply put, the angry society drives an attitude that perpetuates self-interest, evident in not only the current political occurrences around the globe but also in the proven in the way self-interest is making its way into the process and systems of businesses in the private sector as well.

Shortly after the presentation by Fabian Shey, Dr. Henrik Naujoks from Bain & Company briefly explained his points regarding “The great transformation, Post Globalization and beyond.”

Dr. Jacques Bughin  who is currently Senior Partner at McKinsey and Company as well as director of McKinsey Global Institute addressed the panel with the topic “Connectedness versus self-centrism: Fighting the myths of de-globalization.” One of the controversial myths he highlighted in the presentation was that globalization, although it seems to be everywhere – is in fact quite a small and hence should not be met with as much resistance as it has thus far.  

The audience posed several questions to the speaker, many focused on understanding the impact of de-globalization as well as Jaques Bughin’s notion that globalization was not as “big” as many have thought to believe.

Another topic that was raised by the audience was the mistrust of millennials. According to one of the participants “this upcoming generation does not trust politicians, they do not trust the state, and in fact most of them do not take any content at face value.” This poses a number of issues to global leaders. It has become more of a challenge to get buy-in from people and so everyone is advised to step up their game and be transparent in all of their dealings and interactions with civil society. Overall this question raised many more questions about millennials and the impact they will have in the workplace in a society at large in the next few years.  

Steve Briscoe – LCH  Head of Technology and Operations, LSEG shared his insights on what role companies and the corporate sector should play in resolving the challenges that digital innovation creates. He asked whether the current capitalist model is fit for purpose as we see increasing dislocation in our world economy.

The capitalist model has developed a myopic focus on the shareholder, placing their needs ahead of those of the employee and society as a whole: the few over the many. This growing divergence between haves and have-nots is a contributing factor in shock election results, the growing resentment of the elite and rejection of globalisation. Digital innovation accelerates this trend because it is often disruptive to employees and often centralises wealth to fewer people. Government and charity can and must play a role, but what role should the corporate sector play in reshaping society?

Further, Dr. Erik Belfrage Chair of the ICC Commission on Corporate Responsibility and Anti-corruption stressed that the governments alone cannot address the most pressing challenges facing the world’s market economy. To be effective, solutions must also involve the active participation of the business community. Yet it is clear that government and business must strengthen collaboration and create new public-private partnerships if long-term reforms and restructuring of the global economy are meant to be achieved successfully.

In his turn, Dr. Alain Vidal -  underlined  that in crisis situations, the most vulnerable parts of the population are the most affected (conflicts, migrations, climate extremes). An example of this in 2017 can be seen in the worsening of the   'malnutrition triple burden' of undernutrition, hidden hunger and obesity. Recent business-led global initiatives such as FReSH (Food Reform for Sustainability and Health) offer opportunities for tackling these challenges.

The second half of the G-20Y Summit 2017 ceremony focused predominantly on introducing all of the committees and their members to the audience. These committees included the Energy Markets Committee, Joint Session of the Food Security & Nutrition Committee, Digital Innovation and Tranformation Committee, Global Financial Industry Committee – Banking Subcommittee, Global Financial Industry Committee – Insurance Subcommittee as well as the Creating Jobs Committee. Each committee was invited onto the stage to present themselves as well as a brief background on what they do outside of the G-20Y Summit and what they look forward to receiving from the week’s events.

One can rest assured that the intellectual contributions made in the G-20Y Summit, this year will surely influence the direction of major aspects of the global society and the economies of G-20 countries. Overall it was an encouraging morning at the opening ceremony of the G-20Y Summit 2017 and should this be anything to go by – the summit can only proceed as a success.

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